I would like someone to break down the psychology and logic of the following.
Via gambling,
I can & have turned $1 into $2 over and over again.
But I can not & have not ever been able to turn $100 into $200 using the same methods and logic scaled on a Percentage base.
This conundrum boggles my mind.
(If any common logic is missing from this short comment, assume it was included.)
With martingale, you can double (turn) $1 into $2 after many tries. But the winning is just $1. You cannot turn $100 into $200 because there is an upper limit of the stakes you can put on the table and also how many you have originally. If you lose 10 times, you need $100,000 on stake if your initial bet is $100.